Needlessly burdensome and even antagonistic regulation is often cited as a source of inefficiency, driving up costs for the consumer finance industry and ultimately for consumers. A new report from the Council of Economic Advisors (CEA) put some hard numbers on just how much one component of this system, the CFPB, really does cost. In […]

From Risk to Vehicle Recovery: One Connected Ecosystem Thursday, May 7, 2026 at 2:00 p.m. ET Auto lenders are navigating rising delinquencies, increased charge-offs, and greater pressure to recover assets faster while maintaining compliance. Yet many recovery programs remain fragmented across data providers, recovery vendors, and skip tracing services. This webinar introduces One Connected Ecosystem, showing […]

AFSA Webinar | The Future of Auto Finance Payments: Trends, Challenges, and What Lenders Can Do to Get Ahead Thursday, February 19 at 2:00 p.m. ET Auto finance is changing fast—driven by shifting borrower expectations, economic pressure and increased scrutiny from regulators. Delinquencies are climbing, margins are tightening and servicing models are struggling to keep […]

“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan Bucherer. Auto finance’s first line of defense: Raising the standard in integrated software partnerships and data strategy In her latest article, Emily Hammond, Alfa’s Director […]

Perhaps it’s a happy coincidence that Sen. Elizabeth Warren’s staff requested that AFSA submit its response letter regarding vehicle repossessions on Presidents Day. After all, from Alexander Hamilton’s push to establish national credit to today’s vehicle finance market helping more than 80 million Americans get to work or school or to run errands every day, […]

On February 5, Senator Elizabeth Warren announced she had “launched a probe” regarding “harmful anti-consumer practices as auto repossessions skyrocket to levels not seen since the 2008 financial crisis.”  In a letter received by AFSA, Senator Warren contends that there is something wrong with repossession activity, and that consumers suffer. All stakeholders agree that vehicle […]

From Risk to Vehicle Recovery: One Connected Ecosystem Thursday, March 5, 2026 at 2:00 p.m. ET Auto lenders are navigating rising delinquencies, increased charge-offs, and greater pressure to recover assets faster while maintaining compliance. Yet many recovery programs remain fragmented across data providers, recovery vendors, and skip tracing services. This webinar introduces One Connected Ecosystem, showing […]

It’s rare for AFSA and the National Consumer Law Center (NCLC) to take the same position on legislation, but Oregon’s HB 4141 has brought us together. In a joint opposition letter to the Oregon legislature, we argue that the bill would open the door to for‑profit debt settlement companies operating with too little oversight. We […]

Earlier this week, AFSA received a letter from the office  of Sen. Elizabeth Warren (D-MA) seeking information on vehicle repossession errors. We are reviewing the letter and the data request, but it’s important to note that vehicle repossessions are a process of last resort that are in the interest of neither the borrower nor the […]

Sen. Jack Reed (D-RI) reintroduced legislation to impose a national 36% “all in” rate cap on consumer loans. Small dollar loans, credit cards, and other forms of short-term credit are crucial in helping consumers from all economic backgrounds meet everyday needs, whether for planned or unexpected emergency expenses. The proposed 36% APR nationwide rate cap […]